Markets surge for 2nd day; Sensex jumps 862 points tracking rally in global peers


The Indian equity markets extended their winning streak for the second straight session on Thursday, with benchmark indices surging sharply in line with global cues. The BSE Sensex jumped 862 points to close above the 76,000 mark, while the NSE Nifty climbed over 250 points, driven by robust buying in banking, IT, and energy stocks. Investor sentiment improved after global markets rallied on easing inflation concerns and hopes of a dovish stance from major central banks.

Market analysts attributed the rally to renewed foreign fund inflows and strong corporate earnings, which boosted confidence in India’s economic outlook. Heavyweights such as Reliance Industries, HDFC Bank, Infosys, and ICICI Bank led the charge, contributing significantly to the Sensex’s gains. Broader market indices also participated in the rally, with both mid-cap and small-cap stocks posting solid advances.

Experts said the positive momentum could continue in the near term if global market trends remain supportive and domestic macroeconomic indicators stay strong. However, they cautioned that volatility may persist ahead of key global economic data releases and geopolitical developments that could influence investor sentiment.

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